Core Viewpoint - Labrador Gold Corp. successfully held its Annual General and Special Meeting of Shareholders, where shareholders overwhelmingly supported the Corporation's recommendations, including the election of directors and approval of key resolutions [1][2]. Shareholder Meeting Results - A total of 83,756,898 Common Shares, representing 49.27% of the issued shares, were represented at the Meeting [2]. - The Corporation's director nominees were elected with an average of 97.39% votes cast 'FOR' [2]. - The voting results for the director nominees are as follows: - James Borland: 97.976% votes 'FOR' [2] - Leo Karabelas: 97.140% votes 'FOR' [2] - Roger Moss: 96.369% votes 'FOR' [2] - Kevin Ramsay: 98.102% votes 'FOR' [2] - Other resolutions passed include: - Stock Option Plan: 95.515% votes 'FOR' [2] - Change of Business: 71.747% votes 'FOR' [2] - Change of Name: 69.511% votes 'FOR' [2] - Dissident resolutions did not pass, with the Director Removal Resolution receiving only 28.195% votes 'FOR' [2]. Company Overview - Labrador Gold Corp. is a Canadian mineral exploration company focused on acquiring and exploring gold projects in Eastern Canada [5]. - The Watson Project, a joint venture with Nemo Resources Inc., is noted as the largest landholding in the Fort Hope Greenstone Belt, which is underexplored compared to other belts in northwestern Ontario [6]. - The Hopedale property covers much of the Florence Lake greenstone belt, with identified gold anomalies and potential for copper, nickel, and cobalt [7]. - The Borden Lake project is located near Discovery Silver Corp's Borden gold mine, with past exploration identifying two anomalous gold zones [8].

TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | FNR: 2N6) (“LabGold” or the “Corporation”) is pleased to announce the results of its Annual General and Special Meeting of Shareholders held on Tuesday, February 24, 2026, at 11:00 A.M. (Toronto Time) at Gardiner Roberts LLP, Bay Adelaide Centre, East Tower, 22 Adelaide Street West, Suite 3600, Toronto, Ontario, M5H 4E3 (the “Meeting”). A total of 83,756,898 Common Shares of the Corporation (“Common Shares”) representing 49.27% of ...

TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | FNR: 2N6) (“LabGold” or the “Corporation”) is pleased to announce the results of its Annual General and Special Meeting of Shareholders held on Tuesday, February 24, 2026, at 11:00 A.M. (Toronto Time) at Gardiner Roberts LLP, Bay Adelaide Centre, East Tower, 22 Adelaide Street West, Suite 3600, Toronto, Ontario, M5H 4E3 (the “Meeting”). A total of 83,756,898 Common Shares of the Corporation (“Common Shares”) representing 49.27% of ...

Core Viewpoint - Labrador Gold Corp. warns shareholders against the promises made by Coloured Ties Capital Inc., stating that these are designed to influence proxy voting rather than create long-term value [1][3][6]. Group 1: Shareholder Communication - The Board of Directors recommends that shareholders vote exclusively on the BLUE Proxy and against the Dissident's resolutions [2]. - LabGold emphasizes the importance of facts and safeguards for shareholders, criticizing the Dissident's conditional dividend pledge as a desperate measure [3]. - The Board has previously communicated to shareholders that the Dissident is repeating past tactics that have proven misleading [6]. Group 2: Historical Context - The Dissident, led by Kal Malhi, previously made similar promises during a campaign against GrowMax Resources Inc., which resulted in a significant cut in promised dividends [4][7]. - Following the Dissident's campaign at GrowMax, shareholders experienced a trading halt, share consolidation, and a redirection of capital that negatively impacted their investments [7]. Group 3: Financial Position of the Dissident - Coloured Ties' financial statements indicate minimal cash reserves, with only CAD $658,000 available as of September 30, 2025, suggesting a motive to target LabGold's treasury [8]. - The Dissident's history of broken promises and misleading information has left shareholders worse off in previous campaigns [8]. Group 4: Recommendations from Experts - Independent proxy advisors ISS and Glass Lewis recommend that shareholders vote only on the BLUE Proxy, stating that the Dissident has not presented a compelling case for change [10]. - LabGold's strategy is presented as a transparent and regulated approach aimed at long-term value creation for all shareholders, contrasting with the Dissident's short-term inducements [14].

Core Viewpoint - Labrador Gold Corp. is urging shareholders to vote on the BLUE Proxy to protect their investments from a self-serving dissident shareholder, Coloured Ties Capital Inc., with the voting deadline approaching on February 20, 2026 [1][4][10]. Shareholder Voting - The Corporation has thanked shareholders who have already voted ahead of the Annual General and Special Meeting scheduled for February 24, 2026 [2]. - Crescat Capital LLC, a significant shareholder with approximately 8.9% of shares, intends to vote in favor of LabGold's recommendations on the BLUE Proxy [3][8]. - Shareholders are reminded to vote ONLY on the BLUE Proxy and disregard any other proxies received from the Dissident [4][14]. Importance of the BLUE Proxy - Voting on the BLUE Proxy is crucial as it determines control over approximately CAD $16 million in cash, which is essential for executing a long-term strategy to create shareholder value [6]. - The Corporation emphasizes the risks associated with allowing the Dissident to control investments, citing a history of capital destruction [6][13]. Independent Recommendations - Independent proxy advisory firms, ISS and Glass Lewis, have recommended that shareholders vote ONLY on the BLUE Proxy, highlighting the lack of a compelling case from the Dissident [9][13]. - The Dissident's claims regarding the evaluation of the Watson property have been labeled as false by Nemo Resources, further undermining their credibility [8][13]. Strategic Focus - LabGold has adopted a prudent approach in a challenging junior mining market, opting for disciplined due diligence over potentially dilutive deals [7]. - The Corporation is focused on a structured plan for the Watson Project, which is a significant opportunity in Ontario, and aims to maximize upside while limiting downside risks [13][18]. Conclusion - Shareholders are encouraged to act quickly and vote on the BLUE Proxy to ensure their interests are protected, with assistance available from Kingsdale Advisors if needed [10][12].

Core Viewpoint - Labrador Gold Corp. has received a recommendation from Institutional Shareholder Services Inc. (ISS) for shareholders to vote exclusively on the BLUE Proxy in support of the company's resolutions during the upcoming Annual General and Special Meeting on February 24, 2026 [1][7]. Group 1: Proxy Voting Recommendations - ISS advises shareholders to vote "FOR" all of LabGold's resolutions and "AGAINST"/"WITHHOLD" on the resolutions proposed by the Dissident, Coloured Ties Capital Inc. [1][3] - The deadline for shareholders to submit their votes on the BLUE Proxy is February 20, 2026, at 11:00 a.m. (Toronto time) [16]. Group 2: ISS's Analysis of the Dissident's Case - ISS concluded that the Dissident has not presented a compelling case for change, noting that criticisms regarding the sale of Kingsway and NFG shares rely on hindsight assumptions about metals prices [4]. - The Dissident's campaign lacks essential elements of thoughtful activism, such as a clear plan and qualifications for management nominees [4]. Group 3: Support for LabGold's Strategy - ISS supports LabGold's hybrid mining/investment model, which allows for continued exploration and diversification through minority positions [5]. - The proposed change of business is seen as a better path forward compared to the status quo, despite inherent risks [5]. Group 4: Company Overview and Projects - Labrador Gold Corp. is focused on acquiring and exploring gold projects in Eastern Canada, with significant potential in critical minerals [12]. - The Watson Project, a joint venture with Nemo Resources Inc., represents the largest landholding in the Fort Hope Greenstone Belt, which is underexplored compared to other regions [13]. - The Hopedale property and Borden Lake project also show potential for gold and other minerals, with ongoing exploration efforts identifying various anomalies [14][15].

Core Viewpoint - Labrador Gold Corp. has identified significant deficiencies in the proxy materials submitted by Coloured Ties Capital Inc., urging shareholders to vote exclusively using the BLUE Proxy to ensure their votes are counted at the upcoming Annual General and Special Meeting on February 24, 2026 [1][5][6]. Group 1: Proxy Materials and Voting - The proxy materials from the Dissident contain material deficiencies that mislead shareholders and undermine their ability to make informed decisions regarding LabGold's future [2][3]. - LabGold emphasizes that the Dissident's Gold Proxy does not accurately reflect the terms of the Requisition and has omitted LabGold's nominees, creating confusion for shareholders [3][4]. - Shareholders are strongly encouraged to disregard any Gold Proxy received from the Dissident and to vote only using the BLUE Proxy or BLUE Voting Instruction Form to ensure their votes are counted [5][8]. Group 2: Corporate Governance and Strategy - The BLUE Proxy and BLUE VIF align with the LabGold Board of Directors' unanimous recommendations, supporting the Corporation's long-term strategy, including the Change of Business and the election of qualified nominees [6]. - The Dissident's actions are characterized as a self-serving campaign aimed at gaining control of the company without offering a premium to all shareholders, which poses significant risks to LabGold's value [2][4]. Group 3: Company Overview - Labrador Gold Corp. is a Canadian mineral exploration company focused on acquiring and exploring gold projects in Eastern Canada, with notable properties such as the Hopedale property and the Borden Lake project [13][14][15].

Material Deficiencies in the Dissident’s Gold Proxy Have Been Identified by LabGoldThe Dissident’s Failure to Adhere to its Own Requisition May Affect the Validity of Their Gold ProxyShareholders are Urged to Vote ONLY on the BLUE Proxy or BLUE VIF to Ensure Votes Are Counted, and to Disregard any Gold or Other Proxy That They Receive From the Dissident Questions? Need Help Voting BLUE? Contact Kingsdale Advisors at 1-888-518-6813 (toll-free in North America), email contactus@kingsdaleadvisors.com, or visit ...

Core Viewpoint - Labrador Gold Corp. is facing a challenge from Coloured Ties Capital Inc., which is attempting to gain control of the company without offering a premium to shareholders, raising concerns about potential conflicts of interest and the misallocation of corporate resources [2][3]. Group 1: Shareholder Concerns - The Dissident's takeover attempt threatens shareholder value by seeking control without compensating shareholders, which could lead to decisions that do not benefit all stakeholders [2]. - The Board of Directors has expressed serious concerns regarding the Dissident's history of shareholder value destruction and potential conflicts of interest [2]. Group 2: Voting Recommendations - The Board unanimously recommends that shareholders vote "FOR" all of LabGold's resolutions and "AGAINST"/"WITHHOLD" on the Dissident's resolutions, emphasizing the importance of using the BLUE Proxy or BLUE Voting Instruction Form [3][8]. - Shareholders are urged to disregard any GOLD proxy materials from the Dissident to protect LabGold's financial resources [3]. Group 3: Company Overview - Labrador Gold Corp. is a Canadian mineral exploration company focused on acquiring and exploring gold projects in Eastern Canada [6]. - The Hopedale property, part of the Florence Lake greenstone belt, has shown gold anomalies and potential for other minerals like copper, nickel, and cobalt [7].

Core Viewpoint - Labrador Gold Corp. is preparing for its Annual General and Special Meeting of Shareholders on February 24, 2026, where key matters including the election of directors and a proposed Change of Business will be discussed [1][2]. Meeting Details - The Meeting Materials include information on the election of LabGold directors, the proposed Change of Business to a Mining/Investment Issuer, and a name change related to the COB [2]. - Shareholders are encouraged to vote in favor of the management's resolutions and against the resolutions proposed by the Dissident, Coloured Ties Capital Inc. [3]. Strategic Direction - The Board is implementing a Change of Business strategy that integrates mining and investment opportunities to enhance liquidity, mitigate risk, and create multiple growth avenues [4]. - A thorough review of 29 resource-stage projects and 22 pre-resource projects over the past 18 months led to the conclusion that a hybrid model is the best approach for shareholder value [5]. Leadership and Expertise - The Corporation's nominees for the Board possess proven expertise in technical, operational, and capital markets, ensuring alignment with shareholder interests [6]. - Dr. Quinton Hennigh has been retained as a technical advisor, emphasizing a disciplined approach to capital deployment [7]. Financial Decisions - The Board has made strategic financial decisions, such as divesting the Kingsway Project to eliminate a $1 million monthly drilling commitment and monetizing shares of New Found Gold Corp. for immediate capital [9]. - These actions have optimized the treasury and positioned the Corporation for long-term growth and value creation [10]. Dissident Concerns - The Dissident, Coloured Ties, has a history of shareholder value destruction and conflicts of interest, raising concerns about their ability to manage the Corporation effectively [11][12]. - The Dissident's nominees lack the qualifications and capabilities necessary to execute the Corporation's strategic plan, with a documented history of poor performance in other ventures [12]. Meeting Participation - The Meeting will be held in person, and shareholders are encouraged to vote as soon as possible, with a voting deadline of February 20, 2026 [14][15].